Is it rational to buy more of something if the price goes up? Why or Why Not?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter3: Your Role As A Consumer
Section: Chapter Questions
Problem 12AA
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Is it rational to buy more of something if the price goes up? Why or Why Not?
Transcribed Image Text:PS2(1) Is it rational to buy more of something if the price goes up? Why or Why Not?
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